Skip to main content

About your Search

20121205
20121213
STATION
MSNBCW 11
FBC 6
CSPAN 5
COM 4
MSNBC 4
CNBC 3
CNNW 1
LANGUAGE
English 39
Search Results 0 to 38 of about 39 (some duplicates have been removed)
MSNBC
Dec 7, 2012 2:30am PST
for the american economy. >> an added wrinkle to the fiscal cliff talks is the debt ceiling, with the government on pace to reach its borrowing limit early next year. the white house stated its position on the 14th amendment, which some theory rise is a way for the president to raise the debt limit independently, should republicans attempt to use it as a negotiating tool. >> i can say that this administration does not believe that the 14th amendment gives the president the power to ignore the debt ceiling, period. >> the fiscal cliff talks reached a new low yesterday when, somehow, the new york jets got dragged into it on the senate floor. >> it's not one of my favorite teams, but it's really, really fun to watch, and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks, sanchez, he's got tim tebow, he's got another guy. he can't decide who their quarterback is going to be. that's the same problem republicans are having. romney's gone, but he's still in the background. we have mcconnell and we have boehner. who is the quarterback, mr. president? who is the quarterb
MSNBC
Dec 7, 2012 5:30am EST
to ignore the debt ceiling, period. >> the fiscal cliff talks reached a new low yesterday when, somehow, the new york jets got dragged into it on the senate floor. >> it's not one of my favorite teams, but it's really, really fun to watch, and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks, sanchez, he's got tim tebow, he's got another guy. he can't decide who their quarterback is going to be. that's the same problem republicans are having. romney's gone, but he's still in the background. we have mcconnell and we have boehner. who is the quarterback, mr. president? who is the quarterback? >> there's some confusion about who the quarterback is on the republican side. that is, of course, quite common when you don't have the white house, but there's no doubt about who the quarterback is on the democratic side. the quarterback on the democratic side is the president of the united states. and unfortunately, he keeps throwing interceptions, and we're moving backward and backward and backward towards the goal line. >> i have a headache. >> should they not b
MSNBC
Dec 12, 2012 9:00am PST
of this and negotiate on the debt ceiling. two questions, one, will any agreement come out for the fiscal cliff leave the debt ceiling unresolved, and, two, what would you even negotiate on the debt ceiling, should that be something that republicans force your hand on? are you with the president who says we need to kick them of that habit and never negotiate on raising the debt ceiling again? >> i think the president is right. the debt ceiling ought not to be a negotiable item. i don't know of anyone who agrees not putting america's credit worthiness at risk, saying to the world that america has incurred debt but is not going to pay them, is an alternative. i don't think that's -- i think senator mcconnell doesn't believe that, senator reid doesn't believe it, congresswoman pelosi doesn't agree, i don't agree, the majority leader doesn't agree with that. this ought not to be an item of negotiations or a leverage item, as i would hope speaker boehner would take that off the table as some sort of leverage item. what the president has suggested, take senator mcconnell's suggestion. the president would s
MSNBC
Dec 5, 2012 1:00pm PST
wants to take the debt ceiling issue out of discussions about the fiscal cliff. take a listen. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, i will not play that game. >> congressman, the last time republicans used the debt ceiling for political purposes, the full faith and credit of this nation was downgraded. are they really happy, really happy, in the face of what you've just heard the president say, are they happy to do if again? >> yeah, they have acted irresponsibly. many house republicans have acted like children. they have behaved like children. when children behave containing yously, you take the dangerous toy as way from them. they want to continue on a three-month basis. they have tried to schett down the federal government on a three-month timetable because they don't fundamentally believe the government should help grow the middle class or help small businesses retire people, retain employees, or helping veterans. so we don't think it's a g
MSNBC
Dec 12, 2012 1:00am PST
if you think the fiscal cliff is fun, you'll love the debt ceiling. the economic havoc that is wreaked by the fiscal cliff is a very gradual thing, as you and have i discussed. going over it is a mistake. we shouldn't do it. but at least initially, if we can reverse it, it won't be so bad. if you default on the nation's debt on our treasury bills, that's not a fiscal slope. that's a cataclysmic economic event. not only are you stiffing creditors who believe they have invested in the safest debt in the universe, you're actually threatening to have to raise our interest rates through the roof in order to service our debt, which means absolutely a long-term recession. it's really quite a fatal step. >> "the wall street journal's" reporting that the white house is willing to do corporate tax reform in their new proposal. what do you think than in what do you think that might mean? >> i think it's a neat idea. the white house is actually articulated a fairly detailed corporate tax idea in a white paper that didn't get enough attention a few years ago. and it's very much in the spirit of thi
CNBC
Dec 11, 2012 3:00pm EST
much held captive by the fact that the uncertainty not only about the fiscal cliff but debt ceiling. >> very quickly, john, we're lose altitude in this market rapidly. what do you make of this, and what are you expecting to close here? >> just shows you how fragile our markets r.one comment out of washington can take profits off the table intraday. we'll hold on to our gains here. >> thanks, everybody. we appreciate it. where exactly do we stand in these fiscal cliff negotiations in the latest now from our john harwood, on your stomping ground. good to see you both. what do you make of this comment from harry redd, john, saying it's unlikely we get a deal by christmas? are they posturing? they don't want to put their spending cuts on the table but want the republicans to. is this posturing? >> i think it's posturing. jay carney gave a white house briefing saying i'm not going to reveal anything about the status of the talks in negotiation beyond the fact that they took place. the support trying to hammer republicans publicly. he's got the high side public opinion on this. traveled t
FOX Business
Dec 10, 2012 5:00pm EST
, if we raise taxes for the fiscal cliff or for debt ceiling, do you believe the will also raise taxes on middle class. 60% percent of americans understand that once the politicians get the bloodlust out there, once they smell the blood in the water, once they raise taxes on the few, they go after the many. melissa: oh, i absolutely believe that's right but i think that the point is the republicans are losing momentum on the side of not raising taxes. that it is starting to feel more and more like there must be some concession, there must be some caving to get through the fiscal cliff. when you look at senators who have said they're going back on the pledge, lindsey graham, bob corker, tom coburn, lamar alexander, eric cantor, what do you do at this point to keep the fight going? or do you think that it is necessary to concede a little bit of ground? >> well, two things. the senators, the republican senators to a certain extent don't matter because the democratic senate can pass a tax increase if they want the senaaors you mentioned would only vote for a tax increase if they got massiv
CSPAN
Dec 6, 2012 8:00pm EST
mcconnell when back-and-forth on fiscal cliff issues and a proposal to raise the debt ceiling. here is part of their exchange. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months, the president has been saying that all he wanted to raise taxes on the top 2% so he can tackle the debt and the deficit. howeve
CSPAN
Dec 12, 2012 1:00am EST
a fewtoday we are going to talk about three issues briefly. one is that fiscal cliff, to is the debt ceiling. three is the so-called big deal that has to be done on our debt and deficit. unfortunately those issues, convoluted, especially in this town. they are distinct. the impact each other but they are distinct. this fiscal cliff is an artificial state. congress came in, said this law expires on this date. they extended it wants. they put in the sequestration. it is a date. all they have to do is extend the date and allow themselves time to discuss the issues. instead they are putting it all into a lame duck session. that is a problem. sometimes it leads to bad policy. the fiscal cliff can have real consequences. cbo has said that it would cause a recession if we were to go off the fiscal cliff. i do not dispute that i do point out that in 1993 when these taxes were first put in, many said they will cause a recession. they did not. the economy is improving on its own right now. and getting some much stronger. the impact of the fiscal cliff, while not something to be encouraged, may not be
FOX News
Dec 6, 2012 10:00am PST
for digging into this stuff. we've got the debate about the fiscal cliff and the debt ceiling and we're talking in the trillions. before you can even get to the trillions, if you can't stop stuff like this, does the american public ever believe that washington is going to get its act together if you can't stop this 100,000 here, million there, all, of course, adds up to billions. if we can't stop the zombies, taxpayers paying for the zombies, how can we ever tackle medicare and social security? [laughter] megyn: that's the thing that makes people upset, julie. all right, if you're going to increase my taxes to help pay down the debt, help people in need, that's one thing, but if i'm going to be paying for zombies or for santa to ride the $250,000 sleigh, i object. >> i'm a little embarrassed. can you imagine being an employee and having to pretended to be a zombie? >> those were actors. >> i don't know about that. [laughter] i think they may have been dhs employees dressed up. charles is right, thanksgiving a little ri -- this is a little ridiculous. i understand what they're trying
FOX News
Dec 6, 2012 1:00pm EST
us from going off the fiscal cliff. they said by the way we need to raise the debt limit and this new proposal of eliminating congress from the process of raising the debt limit. >> senator mcconnell has offered to have an up or down vote on this and democrats haven't taken him up on it. all of the spending reductions that simon cited in the 1990s were tied to the debt limit increase. it gives republicans leverage. president obama has the leverage in the fiscal cliff fight. he's willing to let the tax go up on the middle class. on the debt increase he doesn't have the same leverage. bob woodward pointed out that tim geithner said to president obama if the republicans stick to their guns on the debt limit bill you cannot reto it. the consequences will be so clam to us that you cannot veto it. so obama would have capitulated. megyn: that's what simon is saying now. that we shouldn't put the country in that position. >> the only way we'll get action on this debt. we keep spending and spending and raising our debt by $6 trillion every obama term. that's what catastrophic. the republicans
CNBC
Dec 11, 2012 4:00pm EST
, if we go over the fiscal cliff and don't have a debt deal by year end, what you will to cut jobs? what's the impact on dupont if we don't get a resolution in time in. >> it's hard to predict because it's hard to know. i do think if there's an issue and we don't avert a cliff i think we as a country will react quickly. i criit will have an impact. i along with many of my peers have been advocating very strongly to rise above the issues and take a balanced aprove. we understand that spending has to be kur mild and the issue is the debt in this country, an issue we have to handle. >> handling that debt includes spending cuts as well as changes in the tax code. what would you like to sigh? what would make the most sense as a corporate executive running one of the most important companies in the world, what would make sense on the tax structure changes that you're debating right now on your standpoint? >> we have a very complex tax code in this country for corporations as well as individuals, and for corporations we need taxes in this country to be more on a coordinated basis with our tradi
Comedy Central
Dec 10, 2012 11:00pm PST
currently engaged in a high-stakes chess game over the fiscal cliff. one of the pieces they're moving around the board is the debt ceiling. president obama recently said that he, the president, should have the authority to raise the debt ceiling not the congress. they use it as a bargaining chip. that's not rye. senate minority leader mitch mcconnell knows what that means >> the president of the united states, now he's asking for an unlimited -- unlimited -- authority to borrow whenever he wants to for whatever amount he wants to? >> jon: (musming) all right. so the senator clearly doesn't know what the debt ceiling means. the debt ceiling is a control imposed on the treasury department by congress in order to, you know, is there just some well informed and respected authority that can explain what the debt ceiling is >> it gives the government permission to pay back the money we already borrowed >> jon: totally right. i didn't understand it because he was talking too fast but i think he's [bleep] right. and i like that lady too. i don't know her. even if senator mcconnell doesn't understand
FOX News
Dec 6, 2012 1:00pm PST
. it will probably end up getting rolled into the broader fight over the fiscal cliff. it is unlikely they will get pay fors. >> ed henry, thank you very much. the super hero versus the dancer. we are both trying to save the nation's debt mess. does allen have me beat? ♪ >>> we could be on the verge of breaking a major log jam in the united states senate. you are looking at harry reid at issue. whether they will allow food in the cafeteria for a special screening of the movie "lincoln." and now our senior capitol hill producer. chad? >> this is interesting. initially there were report these were going to do this screening in the actual senate chamber. that requires a full dispensation of the senate. they don't typically allow the chamber to be used for anything else other than business. there was a big to do when they cleared the chamber to use it for a memorial service to the late robert bird. it was 50 years since they used it for something else. this will be in the congressional auditorium which is underground. we heard harry reid is seeking a waiver to allow food in the auditorium. particular
CSPAN
Dec 5, 2012 10:00am EST
of santa barbara. caller: we are in california here. we have gone over the fiscal cliff here. we are billions of dollars in debt. democrats and the labor unions are bankrupting this state. so democrat parties are so good why are we bankrupt? don't you think it's time that the unions instead of spending billions of dollars on political campaigns, give that money back to the membership so they can pay their own way? and as taxpayers and people like me that live on a fixed income don't have to be taxed out of our homes and lose the money we work hard to make? host: mr. welch. guest: first of all you have worked hard and -- but a couple things. number one, i can't comment on the california situation. i just don't know enough about it. although the reports are things are starting to turn around a little bit there. and it's very tough to pass a budget when you've got that superis majority requirement. number two -- supermajority requirement. number two, how we got here, it's not unions. the wages for americans have been going down for the past 10, 15 years. people are not keeping up wi
CNBC
Dec 11, 2012 5:00pm EST
there and avoid the fiscal cliff. all the congresspeople believe their job is to cut the debt and deficit. that really sets us up for disappointment, unfortunately. we've had a pretty good run here in the market, so, i think it's going to be tough sledding. >> as you see there, the dow, first five-day winning streak since march. it seems like the market is pricing in everything, but everything will get resolved, get more qe, get a deal by the end of the year and it seems like maybe now, the risk is actually to the down side. >> well, i actually sold a couple of things today, one of them cummins, had a nice run, after some disappointing earnings, just because i feel like it's run so much, so much, you know, euphoria is priced in. i'm not optimistic they'll come up with something in time for the christmas break, but -- i don't know how the market is going to react to it so i can't -- i'm not able to think two steps ahead, what will happen and how will the market react, so, you know, i just got to trade around, value orientations, not around what i think -- >> fundamentals. that's crazy, kar
MSNBC
Dec 6, 2012 12:00am PST
will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman schultz responds tonight. plus, senator barbara boxer on her new plan for national polling place standards. and a new poll shows half of all republicans think the defunct group a.c.o.r.n. stole the election from president obama. >> that's an eye opener. >> i wonder where they ever got that idea? >> you just have to wait and see what happens. >>> good to have you with us tonight, folks. thanks for watching. here is are the latest. republicans are at a stalemate with the white house for debt negotiations. republicans really only have two opti
CNN
Dec 7, 2012 4:00am PST
. that's complicating the fiscal cliff discussions. mitch mcconnell yesterday proposed a vote on a measure that would give the president the authority to increase the debt ceiling without congressional input. this is something that the white house has proposed as part of their fiscal cliff proposal. it's a nonstarter for republicans. but he wanted to put it on the floor to show that even democrats don't support giving the president that kind of authority. he did that and harry reid turned around and said, let's see if we can do it with a simple majority for 51 votes and democrats it appeared had made sure they had that and then mitch mcconnell in return ended up objecting to the very thing he propose eed. take a listen. >> now the republican leader objects his own idea. i guess we have a filibuster of his own bill. >> so this was some maneuvering that went on. mitch mcconnell won the day when he proposed a vote overall on the entire fiscal cliff proposal and harry reid objected to it. it's a little bit of a back and forth going on in the midst of these talks that are now reope
FOX Business
Dec 8, 2012 10:00am EST
economists. my next guest is concerned that we are going over the fiscal cliff. he ys, president obama seeminglyis intent onpressing his post-election advantage to win tax increases on the wlthy and to eliminate the houses debt ceiling leveraged. joining us now from washington d.c., peter wallace, former reagan white house counsel, form member of thefinancial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe they're going over the cliff. >> i think their is a re danger of this. one can see a path for obaaa that does not look so terrible if we do go over the cliff. all of the taxes go up, but the democrats have an opportunity to introduce legislation to reduce the taxes for 98 percent of the people leaving the wealthier people, i guess you could call them wealthy, the top two percentage to stay at the high rates. it is possible to do this. lou: it is possible, but i have to ask you, urely the republicans have to understand and had to understand six months ago what what transpired in this lame dk sessi of conress? what thi
FOX News
Dec 7, 2012 1:00pm PST
for more spending. >> the whole discussion around the fiscal cliff is a stimulus program, rather stimulus by further tax cut but a 98 percent or for 100 percent, whether stimulus by extending the payroll --. >>neil: where is the stimulus in extending rates that are already there. >>guest: why, why, why are economists saying we could have a recession without dealing with the cliff live? by taking so much money out of the market by people who would be spending it or by cutting government spending, either by too large an increase in taxes or by too large a cut in government spending, they are saying that would reverse the economic recovery. the whole package was packaged. >>neil: let me ask where we stand now. i wanted to cut to the chase, and whether you think a deal will be done and what it will look like. >>guest: we will do a deal and we will do a deal that week between christmas and new years, so, i have made a proposal today that i hope can resolve the question of the debt ceiling. when congress authorizes appropriations bills we should authorize at that point whatever spending is nece
MSNBC
Dec 11, 2012 9:00am PST
? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. here's what we do know. we know that the president wants more stimulus spending and an increase in the debt limit without any cuts or reforms. that's not physicianing our problem. frankly, it's making it worse. on top of that, the president wants to raise tax rates on many small business owners. now, even if we did exactly what the president wants, we would see red ink for as far as the eye can see. that's not fixing our problem either. it's making it worse, and it's hurting our economy. i think the members know i'm an optimist. i'm hopeful we can reach an agreement. this is a serious issue and there's a lot at stake. the american people sent us here to work together towards the best possible solution, and that means cutting spending. now, if the president doesn't agree with our approach, he has an obligation to put forward a plan that can pass both chambers of the congress because right now the american people have to be scratching their heads and wondering when is the president going to
CSPAN
Dec 11, 2012 5:00pm EST
this fiscal cliff is his demands made for additional revenue without any commitment whatsoever to use that additional revenue to either pay down the deficits or the debt or to use it to shore up social security and medicare. the american people expect us to deal with this responsibly and not to suffer what some have estimated would be a 10% drop in the value of the stock market if we go off the fiscal cliff. and the president needs to reconsider what this might do not only to the hundreds of thousands of americans who would be put out of work and would be unnecessarily harmed but also what it would do to his second term in office given the damage it would do to the united states economy. >> how do you respond to those who say we don't have enough time to reform the tax code before the end of the year? what specifically are you looking for from the president for an agreement to avert the fiscal cliff? >> well, i've said repeatedly and i think most of my colleagues have said as well, and i'll say again, on the entitlement reforms that are needed to save medicare and social security, we
MSNBC
Dec 11, 2012 3:00am PST
's not what the american people thought the fiscal cliff was about. they thought it was about trying to have something to force us, force our congress and our president to do something about the deficit and debt situation. everything they're talking about will make it worse. >> what's the answer? will we have the deal? >> the real answer is to have comprehensive. look at this. i as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out over a period of months, if we had entitlement reform. we have to control defense spending. we have to control other no non- -- other discretionary non-defense spending. i think if you have the whole package, i would hold my nose despite the fact raising those two tax brackets is bad economics, bad for jobs, will hurt the economy, i would hold my nose to get the other done. what i wouldn't do is vote for that and do nothing else. >> agree completely. what i've been saying here. steve rattner. >> i agree completely. to get a big deal we all have to hold our nose a little bit and accept things we don't want
Search Results 0 to 38 of about 39 (some duplicates have been removed)